Description
Oyl Corp is the company behind a suite of open source infrastructure designed to unlock the next stage of unstoppable programmability on Bitcoin. Through trustless, permissionless primitives, Oyl Corp enables developers to build on Bitcoin Layer 1 without custodians, bridges, or compromise. Its contributions span indexing, protocol design, asset standards, and application-layer tooling, including Sandshrew (a unified RPC), Metashrew (a WASM indexing stack), Protorunes (a framework for Runes subprotocols), Alkanes (a smart contract metaprotocol), Oyl Wallet (a consumer interface), and the Oyl AMM. The Oyl AMM is a decentralized exchange (DEX) protocol built on Bitcoin that functions as an automated market maker (AMM), enabling users to trade tokens and provide liquidity in a trustless manner. It is currently live on the Bitcoin mainnet in a developer-only mode, with a full user interface available on the Signet testnet for swapping, liquidity provision, and minting bUSD. Security is a key focus, with upgradable contracts, independent reviews, and a public bug bounty program. The project also includes an Experience Points (XP) program, rewarding early users and contributors with a token called $DIESEL.